What is Adapt - IP?
Adapt - IP's core offering addresses the critical needs of large-scale industrial IoT deployments. Their products are built upon the IEEE 802.11ah standard, also known as Wi-Fi HaLow, enabling more reliable and secure edge data transmission over extended distances and at a lower cost compared to existing wireless protocols. As a member of the Wi-Fi Alliance®, Adapt - IP is positioned to capitalize on the increasing demand for robust wireless connectivity in industrial environments.
How much funding has Adapt - IP raised?
Adapt - IP has raised a total of $106K across 1 funding round:
Debt
$106K
Debt (2021): $106K with participation from PPP
What's next for Adapt - IP?
With the recent major strategic investment, Adapt - IP is poised for significant expansion. The company's focus on long-range, cost-effective, and secure wireless communication for industrial IoT applications positions it well for future growth. This late-stage capital will likely be deployed to scale manufacturing, enhance product development, and broaden its sales and distribution channels, further solidifying its market presence and competitive advantage in the evolving industrial technology sector.
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